[8-K] First Busey Corporation Reports Material Event
First Busey Corporation announced a quarterly cash dividend of $0.578646 per depositary share on its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock. The declaration covers depositary shares that each represent a 1/40th interest in a share of the underlying Series B preferred stock.
The dividend is payable on September 2, 2025 to holders of record as of August 18, 2025. The notice reports a routine distribution on the specified preferred depositary shares and does not include other operational or financial metrics.
- None.
- None.
Insights
TL;DR: Routine preferred dividend declared; limited incremental information for overall credit or earnings outlook.
The filing discloses a quarterly cash dividend of $0.578646 per depositary share on the company’s 8.25% Series B preferred depositary shares, with a record date of August 18, 2025 and payment date September 2, 2025. This is a standard cash distribution to holders of the specified depositary shares and conveys no new data about common equity performance, earnings, capital ratios, or liquidity. For preferred holders, the declaration confirms continued payment policy for this series; for other stakeholders, the item is informational and not materially transformative.
TL;DR: Corporate action is procedural and consistent with preferred share terms; governance impact appears minimal.
The company followed the terms associated with its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock by declaring a scheduled quarterly dividend of $0.578646 per depositary share. The filing specifies record and payment dates but contains no amendments to dividend policy, no suspensions, and no governance changes. As presented, this disclosure meets routine reporting obligations and does not indicate governance issues or material changes affecting shareholder rights.
